PFLD vs. RNP
Compare and contrast key facts about AAM Low Duration Preferred and Income Securities ETF 144A (PFLD) and Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP).
PFLD is a passively managed fund by Advisors Asset Management that tracks the performance of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index. It was launched on Nov 19, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFLD or RNP.
Performance
PFLD vs. RNP - Performance Comparison
Returns By Period
In the year-to-date period, PFLD achieves a 6.51% return, which is significantly lower than RNP's 22.16% return.
PFLD
6.51%
-0.14%
2.88%
10.05%
2.27%
N/A
RNP
22.16%
-1.73%
18.05%
35.82%
7.79%
10.63%
Key characteristics
| PFLD | RNP | |
|---|---|---|
| Sharpe Ratio | 1.95 | 1.97 |
| Sortino Ratio | 2.80 | 2.70 |
| Omega Ratio | 1.37 | 1.33 |
| Calmar Ratio | 1.19 | 1.49 |
| Martin Ratio | 13.64 | 11.28 |
| Ulcer Index | 0.74% | 3.17% |
| Daily Std Dev | 5.16% | 18.16% |
| Max Drawdown | -33.20% | -87.10% |
| Current Drawdown | -1.03% | -4.21% |
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Correlation
The correlation between PFLD and RNP is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
PFLD vs. RNP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AAM Low Duration Preferred and Income Securities ETF 144A (PFLD) and Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PFLD vs. RNP - Dividend Comparison
PFLD's dividend yield for the trailing twelve months is around 7.48%, more than RNP's 7.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFLD AAM Low Duration Preferred and Income Securities ETF 144A | 7.48% | 7.09% | 5.76% | 4.53% | 4.79% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RNP Cohen & Steers REIT and Preferred Income Fund, Inc. | 7.11% | 8.10% | 13.26% | 5.20% | 6.52% | 6.25% | 8.36% | 7.00% | 7.75% | 8.03% | 6.79% | 7.64% |
Drawdowns
PFLD vs. RNP - Drawdown Comparison
The maximum PFLD drawdown since its inception was -33.20%, smaller than the maximum RNP drawdown of -87.10%. Use the drawdown chart below to compare losses from any high point for PFLD and RNP. For additional features, visit the drawdowns tool.
Volatility
PFLD vs. RNP - Volatility Comparison
The current volatility for AAM Low Duration Preferred and Income Securities ETF 144A (PFLD) is 1.14%, while Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) has a volatility of 6.28%. This indicates that PFLD experiences smaller price fluctuations and is considered to be less risky than RNP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.